NOT LISTED FOR SALE

408 S Franklin St New Ulm, MN 56073

Estimated Value: $247,000 - $261,000

4 Beds
4 Baths
2,361 Sq Ft
$107/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $225,000 $95 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,495/month

1 Day on Market

Highlights

  • Deck
  • Fireplace
  • Walk-In Closet
  • 4 Car Detached Garage
  • Eat-In Kitchen
  • Landscaped with Trees

About This Home

As of November 2022

Everything you would want...and THEN some!! This home has three bedrooms on the second floor with a full bath....and then it just gets better! Enjoy the main floor with large living room, den area (would also make great formal dining room), LARGE kitchen with informal dining, laundry room and a master bedroom suite! The master bedroom has a full bath plus a wonderful walk in closet! The kitchen dining area leads right to a maintenance free deck which leads to a 4-season GAZEBO!! TWO garages--each with two stalls and extra storage space is AMAZING!!!!!! The spiral staircase takes you to the basement rec room complete with Franklin Stove! While this home was built in 1898--a large addition was put on in 1999 so feels much newer!!

Last Agent to Sell the Property

Lisa Besemer

New Ulm Real Estate LLC Listed on: 09/26/2022

Last Buyer's Agent

Danielle Flood

TRUE REAL ESTATE License #40787190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,448

Year Built

  • 1898

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x165
  • Landscaped with Trees

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 00100214602020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,448

Year Built

1898

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Walk-In Closet, Washer/Dryer Hookups, Combination Windows (L), Window Coverings (L)
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.28
  • Assessment Balance: 600
  • Assessments: Yes
  • Foundation Size: 1400
  • L V T Date: 09/26/2022
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Circuit Breaker
  • Parcel Number: 00100214602020
  • Price Per Square Foot: 74
  • Sold Price Per Sq Ft: 69
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2814
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1898

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: In Other Room
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 21'10"x12'11", On Level: Main
  • Room 2: Den/Office, 11x12'11", On Level: Main
  • Room 3: Kitchen, 13x10, On Level: Main
  • Room 4: Dining Room, 11'8"x13'4", On Level: Main
  • Room 5: Master Bedroom, 15'5"x18'2", On Level: Main
  • Room 6: Laundry Room, 8x7'6", On Level: Main
  • Room 7: 25'7"x19'9", On Level: Basement
  • Room 8: Bedroom, 11'1"x10'2", On Level: Upper
  • Room 9: Bedroom, 10x11'2", On Level: Upper
  • Room 10: Bedroom
  • Basement Features: Partially Finished, Walkout
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1841
  • Below Grade Finished Sq Ft: 520
  • Tot Above Grade Sq Ft: 1841
  • Total Fin Square Footage: 2361
  • Total Square Footage: 3241
  • Tot Below Grade Sq Ft: 1400

Exterior Features

  • Frontage Road: City, Curb/Gutters, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas, Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 75x165
  • Lot/Land Description: Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Smith Ashley A and Smith Brad
Bought by
Gehring Joseph A
Current Estimated Value
$252,821

Purchase Details

Listed on
Sep 26, 2022
Closed on
Nov 14, 2022
Sold by
Ahlness David L and Ahlness Joanne R
Bought by
Smith Ashley A
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Danielle Flood
TRUE REAL ESTATE
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$218,250
Interest Rate
6.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gehring Joseph A $249,900 None Listed On Document
Smith Ashley A $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehring Joseph A $120,000
Previous Owner Smith Ashley A $218,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $225,000 -6.2% $95 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $239,900 -- $102 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,448 $216,500 $59,300 $157,200
2023 $1,448 $210,700 $59,300 $151,400
2022 $2,444 $187,200 $51,600 $135,600
2021 $2,347 $164,100 $51,600 $112,500
2020 $2,232 $160,100 $51,600 $108,500
2019 $2,181 $152,800 $48,600 $104,200
2018 $2,420 $152,000 $48,600 $103,400
2017 $1,910 $136,500 $48,600 $87,900
2016 $2,346 $131,472 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Besemer

    Seller's Agent in 2022

    Lisa Besemer

    New Ulm Real Estate LLC

    (507) 766-1991

    249 in this area

    307 Total Sales

    Lisa Besemer
    Section Image

  • D

    Buyer's Agent in 2022

    Danielle Flood

    TRUE REAL ESTATE

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031013

REALTOR® Association of Southern Minnesota

APN: 00100214602020

Minnesota Brown County New Ulm 56073

408 S Franklin St, New Ulm, MN

This home is located at 408 S Franklin St, New Ulm, MN 56073 since 26 September 2022 and is currently estimated at $252,821, approximately $107 per square foot. This property was built in 1898. 408 S Franklin St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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